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NPR News Now

NPR News: 04-21-2026 4AM EDT

21 Apr 2026

Transcription

Transcript generated automatically by AI and may contain errors.

What recent developments have occurred in U.S.-Iran relations?

0.959 - 16.875 Giles Snyder

Live from NPR News, I'm Giles Snyder. Iran says it has no plans for a new round of ceasefire talks with the U.S., as after the U.S. Navy seized an Iranian-flagged cargo ship yesterday in the Strait of Hormuz, as NPR's Jane O'Raff reports.

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16.906 - 40.406 Jane Araf

Iran hadn't confirmed Sunday that it would participate, even after President Trump said he was sending a U.S. delegation to Pakistan. Iran made it clear, saying, quote, we have no plans for the next round of negotiations. That's after the U.S. Navy seized a container ship heading from China to Iran. Iran responded by firing drones at U.S.

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40.466 - 58.371 Jane Araf

warships and said it would have responded more strongly, but it was worried about the safety of crew and family members on the cargo vessel. Iran did, though, say it was examining new proposals it said it had received in recent days from the U.S. Jane Araf, NPR News, Amman.

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58.351 - 82.582 Giles Snyder

Iran's chief negotiator said in a social media post early today that Iran rejects negotiations under threat, and he said that Iran has new cards to play on the battlefield. Businesses are officially able to request tariff refunds, but don't expect consumers to get their tariff dollars back. NPR's Stephen Passaha reports that the government refunds are only for importers.

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82.842 - 86.046 Stephen Basaha

Companies can try to pass refunds along to consumers.

86.026 - 91.112 Terrence Lau

But it's nearly impossible to determine how much individual consumers paid.

91.433 - 110.838 Stephen Basaha

Terrence Lau is the dean at Syracuse University's College of Law. He says companies raised prices because of tariffs, but often did not pass on the full cost. So how much of that price increase do you attribute to tariffs? Companies can't even answer that question. That leaves some consumers like Edwin Martinez feeling ambivalent and annoyed.

111.599 - 114.362 Giles Snyder

I paid this extra tax, man. Can I just have my money back?

114.342 - 122.773 Stephen Basaha

FedEx says it will give refunds. Costco says it will try using them to lower prices. Both are facing class action lawsuits over refunds.

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